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Magma Fincorp Operating margin

What is the Operating margin of Magma Fincorp?

The Operating margin of Magma Fincorp Limited is -60.24%

What is the definition of Operating margin?



Operating margin is the ratio of operating income divided by net sales and presented in percent.

ttm (trailing twelve months)

Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.

Operating margin of companies in the Finance sector on NSE compared to Magma Fincorp

What does Magma Fincorp do?

Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.

Companies with operating margin similar to Magma Fincorp